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A delicate balance for biodiesel mandate
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Row over crude palm oil duty
21/02/2008 (Financial Express, India), New Delhi - The tariff structure on vegetable oils has become a contentious issue between the two opposing sections of the industry. The producers of hydrogenated vegetable oil (vanaspati) want the duty on crude palm oil (CPO) to be reduced to 20%, while the manufacturers of refined vegetable oils want the duty to remain at the existing 46.35%, which they say is "already quite low."
Edible oil prices on the rise
22/02/2008 (The Economic Times), Mumbai - Strong movement in edible oil prices globally, mainly on the back of a good demand expected from Asian countries and demand from the stockists and oil millers locally, have combined to lead to a surge in the prices of edible oil complex in the local markets and on the futures exchanges.
Sabah places high priority on development of oil palm industry
21/02/2008 (Borneo Bulletin), Kota Kinabalu - Sabah Chief Minister Datuk Musa Aman said the development of the oil palm industry in Sabah will continue to be given priority by the State government. Based on the projection of the agriculture land estimated at 2.2million hectares, about 1.8 million had been identified suitable for oil palm plantations.
Marks & Spencer signs up with GreenPalm
21/02/2008 (The Edge Daily), Kuala Lumpur - Marks & Spencer has signed up with GreenPalm’s trading scheme to promote eco-friendly oil production as part of its plan to help the environment, ahead of a major conference here on palm oil.
Packaged edible oils to capture 50% market’
22/02/2008 (Financial Express, India), New Delhi - With growing quality consciousness and plummeting price differences between packaged and non-packaged edible oils, the packaged edible oil sector will capture 50% of the market share within three years. The packaged edible oil consumption is only about 20% of the total 12.5 million tonne domestic consumption.
Relief unlikely for vanaspati units from new order
21/02/2008 (Sify.com), Mumbai - The Centre’s move to remove the mandatory use of indigenous oils such as mustard oil in the manufacture of vanaspati is unlikely to bring any substantial relief to the beleaguered industry.
Global Warming: Palm Oil Owed An Apology
21/02/2008 (Scoop Independent News) - The new Prime Minister of Australia, Kevin Rudd offered the nation's first apology to Aborigines taken from their families for assimilation with the white community, saying the policy was a “blemished chapter†in the nation's history.
Continued priority to devt of palm oil industry, says CM
20/02/2008 (The Daily Express, East Malaysia), Kota Kinabalu - Chief Minister Datuk Seri Musa Haji Aman said development of the oil palm industry in Sabah will continue to be given priority by the State Government.
Norm for using domestic vegoils in vanaspati off
20/02/2008 (The Hindu Business Line), New Delhi - With domestic cooking oil prices on the boil, the Centre has decided to waive the condition requiring the use of a minimum 12 per cent of indigenous oils in the manufacture of vanaspati.
